As the largest community-driven online literature platform in China, Shanda Literature is the operation and management entity of Shanda Group's literature business section, which was announced in July 2008. Shanda Literature occupies 72% of the original literature market. The original literature websites operated include six original literature websites: Starting Point, Tea Scenery, Novel Reading, Banyan Tree, Romantic Novel Bar and Xiaoxiang Academy, as well as Tian Fang Listening Book Network, Du Yue Network and Jinjiang Literature City (50% equity). At the same time, it also owns three book planning and publishing companies: Chinese World, Zhongzhi Bowen and Jushi Wenhua. It is the largest private book publishing company in China, and it has signed contracts with contemporary first-line writers such as Han Han, Wang Yi and Wang Yi. 20 15 and 1 6. According to the industrial and commercial information, several core companies of Shanda Literature have been transferred to Tencent, and the starting point has been returned to Wu Wenhui. 120 15 1, Chen Tianqiao's Shanda Literature and Tencent Literature will be merged to form "China Reading Co., Ltd." to manage and operate the original sub-brands, including: QQ Reading, Starting Point, Chuangshi Chinese Network, Yun Qi Academy, Xiaoxiang Academy, Tea Fragrance, Novel Reading Network and Xiaoxiang Academy. In terms of personnel arrangement, Wu Wenhui, CEO of Tencent Literature, and Liang Xiaodong, CEO of Shanda Literature, will serve as co-CEOs.